3, BROOKFIELD CLOSE, CODNOR, RIPLEY, DE5 9PP - £228,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 BROOKFIELD CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £228,000 in January 2024, which was around 29% below the average January 2024 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

3 BROOKFIELD CLOSE Sold Prices

Land registry data shows two sales for 3 BROOKFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 3 BROOKFIELD CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 29 JAN	£228,000	£321,525	29% below HPI
2018 2 AUG	£147,500	£248,563	41% below HPI

3 BROOKFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 3 BROOKFIELD CLOSE sales from August 2018 and January 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2018 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2024 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 BROOKFIELD CLOSE?

3 BROOKFIELD CLOSE is 68m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses by size in Ripley, and where 3 BROOKFIELD CLOSE lies on this distribution: 11% of detached houses are smaller than 3 BROOKFIELD CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ripley.

3 BROOKFIELD CLOSE: Plot and Title Map

3 BROOKFIELD CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 3 BROOKFIELD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 BROOKFIELD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 BROOKFIELD CLOSE?

3 BROOKFIELD CLOSE is located in CODNOR, in the DE5 postcode district. The below map shows the position of No. 3 on BROOKFIELD CLOSE.